<p>在周初，由於美國與伊朗局勢的挫折，貴金屬在隔夜交易中下跌。交易者對雙方今天在巴基斯坦進行會談仍抱有一些樂觀的希望。然而，這一希望已經破滅，目前仍沒有華盛頓和德黑蘭官員會面的確切時間表或議程。</p>
<p>這導致黃金價格從接近 4780 美元跌至 4668 美元的低點，隨後在今天亞洲交易中略有反彈，目前接近 4765 美元。</p>
<p>儘管這並沒有消除本週迄今為止的下跌，但至少貴金屬顯示出一些生機，交易者繼續對美伊會談保持謹慎樂觀。這也反映在更廣泛的風險情緒中，歐洲指數小幅上漲，標準普爾 500 期貨當天上漲 0.6%。</p>
<p>目前尚未安排與伊朗的會談，伊朗仍然堅決表示只要美國海軍封鎖持續，他們就不會坐到談判桌上。這種強硬立場與他們以往對沖突的處理方式一致。然而，這並不意味着他們在適當情況下不會願意繼續進行進一步談判。</p>
<p>在過去兩週，黃金價格非常不穩定，價格波動在 100 日移動平均線（紅線）及 4800 美元水平附近。本週情況依然如此，昨天的低點與關鍵技術水平附近的買入者相吻合。</p>
<p>那麼，接下來會怎樣？</p>
<p>一切仍然取決於頭條風險。關鍵問題是我們何時能看到美國和伊朗再次坐下來進行下一輪會談。儘管伊朗可能會繼續在此事上表現強硬，但美國副總統範斯的旅行計劃將是一個重要的信號。他原本應該在昨晚或今天稍晚前往巴基斯坦，但有報道稱這些計劃已被擱置。因為美國目前正努力讓伊朗參與會談。</p>
<p>因此，如果我們看到範斯的行動報告，那將表明雙方已就某些事項達成一致，以便重新開始討論。至於達成協議的前景，仍然懸而未決。</p>
<p>因此，黃金價格的命運將與這一切的發展緊密相連。當雙方再次會面時，市場可能會對此感到樂觀，並希望提前為達成協議定價。因此，這可能會幫助黃金在談判後出現潛在的回調之前，先出現上漲。</p>
<p>在日線圖上，突破最近的 4785-70 美元的高點將是恢復 5000 美元水平的良好第一步。但同樣，任何漲幅都將受到頭條風險的影響，因為衝突仍在持續，霍爾木茲海峽仍然關閉。</p>

阿尼科伊格爾礦業

GOLD

紐蒙特礦業

<p>黃金價格因美伊談判受挫而跌至 4,668 美元的低點，但隨後反彈至約 4,765 美元。儘管沒有計劃中的談判，交易員們仍然保持謹慎樂觀，因為伊朗堅持強硬立場。市場情緒反映出歐洲股指和標準普爾 500 期貨的輕微上漲。未來黃金價格的走勢將取決於美伊關係的發展，特別是任何恢復談判的跡象，關鍵阻力位在 4,858-70 美元，可能會向 5,000 美元恢復</p>

<p>The precious metal fell in overnight trading amid a setback to US-Iran developments to start the week. Traders were holding out some optimism with hope for both sides to sit down for talks in Pakistan today. However, that has fallen apart and there is still no firm timeline or agenda of when we will see Washington and Tehran officials meet.</p>
<div class="lb-trans"><p>在周初，由於美國與伊朗局勢的挫折，貴金屬在隔夜交易中下跌。交易者對雙方今天在巴基斯坦進行會談仍抱有一些樂觀的希望。然而，這一希望已經破滅，目前仍沒有華盛頓和德黑蘭官員會面的確切時間表或議程。</p>
</div><p>That saw gold drop from near $4,780 to a low of $4,668 before catching a modest bounce since Asia trading today to hold closer to $4,765 currently.</p>
<div class="lb-trans"><p>這導致黃金價格從接近 4780 美元跌至 4668 美元的低點，隨後在今天亞洲交易中略有反彈，目前接近 4765 美元。</p>
</div><p>While it still doesn't take away from the drop this week so far, the precious metal is at least showing some signs of life as traders continue to hang on to cautious optimism on US-Iran talks. That is also reflected in the broader risk mood, with European indices holding slight gains and S&amp;P 500 futures seen up 0.6% on the day.</p>
<div class="lb-trans"><p>儘管這並沒有消除本週迄今為止的下跌，但至少貴金屬顯示出一些生機，交易者繼續對美伊會談保持謹慎樂觀。這也反映在更廣泛的風險情緒中，歐洲指數小幅上漲，標準普爾 500 期貨當天上漲 0.6%。</p>
</div><p>No talks are scheduled just yet with Iran remaining defiant that they will not come to the negotiating table so long as the US naval blockade holds. The hard line stance is consistent with their previous approaches to the conflict. However, it doesn't mean that they will not be open to proceed with further negotiations under the right circumstances.</p>
<div class="lb-trans"><p>目前尚未安排與伊朗的會談，伊朗仍然堅決表示只要美國海軍封鎖持續，他們就不會坐到談判桌上。這種強硬立場與他們以往對沖突的處理方式一致。然而，這並不意味着他們在適當情況下不會願意繼續進行進一步談判。</p>
</div><p>In the past two weeks, gold prices are very much left in limbo as price action is trading in and around the 100-day moving average (red line) as well as the $4,800 level. That remains the case this week as well with the lows yesterday coinciding with dip buyers stepping in near the key technical level.</p>
<div class="lb-trans"><p>在過去兩週，黃金價格非常不穩定，價格波動在 100 日移動平均線（紅線）及 4800 美元水平附近。本週情況依然如此，昨天的低點與關鍵技術水平附近的買入者相吻合。</p>
</div><p>So, what's next?</p>
<div class="lb-trans"><p>那麼，接下來會怎樣？</p>
</div><p>It's still all on headline risks. The key question is when will see the US and Iran sit down again for the next round of talks. And while Iran might continue to grandstand on the matter, the big tell will be US vice president Vance's travel plans. He was supposed to go down to Pakistan last night or perhaps later today but reports are indicating that such plans have been put on hold. That as the US is struggling to get Iran to participate in talks for now.</p>
<div class="lb-trans"><p>一切仍然取決於頭條風險。關鍵問題是我們何時能看到美國和伊朗再次坐下來進行下一輪會談。儘管伊朗可能會繼續在此事上表現強硬，但美國副總統範斯的旅行計劃將是一個重要的信號。他原本應該在昨晚或今天稍晚前往巴基斯坦，但有報道稱這些計劃已被擱置。因為美國目前正努力讓伊朗參與會談。</p>
</div><p>So if and when we do see reports of movement from Vance, that should be the tell that both sides have agreed on something to work with in order to begin discussions again. As for the prospects of a deal, it very much remains up in the air.</p>
<div class="lb-trans"><p>因此，如果我們看到範斯的行動報告，那將表明雙方已就某些事項達成一致，以便重新開始討論。至於達成協議的前景，仍然懸而未決。</p>
</div><p>And as such, the fate of gold prices is going to be tied to how all of this plays out. There will be some optimism when both sides meet again, with markets likely to want to price in a deal beforehand. So, that could help gold catch a pop higher before a potential setback if negotiations turn awry afterwards.</p>
<div class="lb-trans"><p>因此，黃金價格的命運將與這一切的發展緊密相連。當雙方再次會面時，市場可能會對此感到樂觀，並希望提前為達成協議定價。因此，這可能會幫助黃金在談判後出現潛在的回調之前，先出現上漲。</p>
</div><p>Clearing the recent swing highs around $4,858-70 on the daily chart will be a good first step to recover back the $5,000 mark potentially. But again, any gains will be subject to headline risks as the conflict continues to drag on for longer with the Strait of Hormuz still closed.</p>
<div class="lb-trans"><p>在日線圖上，突破最近的 4785-70 美元的高點將是恢復 5000 美元水平的良好第一步。但同樣，任何漲幅都將受到頭條風險的影響，因為衝突仍在持續，霍爾木茲海峽仍然關閉。</p>
</div>

由於謹慎的樂觀情緒持續存在，黃金從隔夜低點反彈